Newman: Trump’s biggest economic vulnerability has emerged
Three weeks into his second presidential term, Donald Trump is largely getting his way on Cabinet nominees, deregulation, ...
Fed's Powell, quizzed about trade, Musk, and bank safety, says economy is fine
U.S. Federal Reserve Chair Jerome Powell, in his first appearance before Congress since the inauguration, vouched for the ...
Fed's Powell: Strong economy means no hurry to cut rates
The U.S. Federal Reserve is in no rush to cut its short-term interest rate again given an economy that is "strong overall," ...
Why forecasters stand firm on shifting economic sands
In a world where information, money and asset prices move faster than at any time in history, one key element of financial ...
Fed Chair Sees Elon Musk's Audit Push As Threat To Central Bank's Existence
Federal Reserve Chair Jerome Powell said he views proposals to "audit the Fed" floated by Elon Musk and others last week as a ...
Fed Chair Powell says officials are in no hurry to cut interest rates
The US central bank is in no rush to slash interest rates any time soon, Federal Reserve Chair Jerome Powell told lawmakers Tuesday.
Fed’s Policy Review Will Focus on Lessons from Post-Pandemic Economy
Rep. Frank Lucas, a Republican from Oklahoma, asked Powell about the issues that the Fed will be examining during its ...
Fed's Powell sees a ways to go on shrinking Fed holdings
Over two days of testimony this week before Congress, Federal Reserve Chairman Jerome Powell indicated there's no imminent ...
Powell Says Fed Doesn’t Need to Rush on Rate Cuts
Because the economy is doing well, the Fed can take its time to decide when and whether to lower interest rates.
Inflation hit 7-month high of 3% in January. Here's what it means for Fed rate cuts
Inflation slowed through much of last year – falling as low as 2.4% from a 40-year high of 9.1% in mid-2022 – but it has remained stubbornly high since fall. The cost of services such as car insurance ...
Inflation Heated Up in January, Freezing the Fed
Consumer prices rose 3%, extending a recent pattern of increases at the start of the year that likely derails the prospect ...
A hotter-than-expected inflation report highlights what could be the economy's new normal
Eggs and housing costs contributed to accelerating inflation in January, which indicates it'll be a while until the next rate ...